Standard Motor Products, Inc. (SMP) Soars to 52-Week High, Time to Cash Out?
Shares of Standard Motor Products (SMP) have been strong performers lately, with the stock up 3.3% over the past month. The stock hit a new 52-week high of $41.75 in the previous session. Standard Motor Products has gained 33.4% since the start of the year compared to the 7.2% move for the Zacks Auto-Tires-Trucks sector and the -5.8% return for the Zacks Automotive - Replacement Parts industry.What's Driving the Outperformance?The stock has a great record of positive earnings surprises, having beaten the Z ...